Usha Financial Services Limited IPO
Usha Financial Services Limited was a SME IPO in the Non Banking Financial Company (NBFC) sector, offered at ₹160–₹168 per share to raise ₹98 crore. It listed on 31 Oct 2024 at ₹164 and closed its first day at ₹156, a listing loss of -7.2% versus the ₹168 issue price. It now trades around ₹55 (-67.0% versus the issue price).
Frequently asked questions
- What were the Usha Financial Services Limited IPO listing gains?
- Usha Financial Services Limited listed on 31 Oct 2024 at ₹164, closing its first day at ₹156 — a listing loss of -7.2% versus the ₹168 issue price.
- What was the price band and lot size of the Usha Financial Services Limited IPO?
- The price band was ₹160–₹168 per share, with a minimum lot of 800 shares (₹1,34,400 at the upper band).
- Who were the registrar and lead manager for the Usha Financial Services Limited IPO?
- Skyline Financial Services Private Limited was the registrar, and Narnolia was the book-running lead manager.